VEEM (ASX:VEE) - Stock Price, News & Analysis

VEE Stock Overview

VEEM Ltd manufactures and sells propulsion and stabilization systems.

VEE fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	4/6
Past Performance	1/6
Financial Health	6/6
Dividends	0/6

Rewards

Earnings are forecast to grow 47.04% per year

Risk Analysis

Profit margins (2.3%) are lower than last year (8.2%)

Does not have a meaningful market cap (A$86M)

My Notes

New

Notes are coming soon

VEEM Ltd Competitors

LaserBond

ASX:LBL

AU$92.1m

Korvest

ASX:KOV

AU$93.5m

Environmental Group

ASX:EGL

AU$62.9m

XRF Scientific

ASX:XRF

AU$117.8m

Price History & Performance

Summary of all time highs, changes and price drops for VEEM
Historical stock prices
Current Share Price	AU$0.63
52 Week High	AU$0.93
52 Week Low	AU$0.37
Beta	1.01
1 Month Change	14.55%
3 Month Change	2.44%
1 Year Change	-28.81%
3 Year Change	28.57%
5 Year Change	16.67%
Change since IPO	3.28%

Recent updates

Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal

Jan 24

Is It Too Late To Consider Buying VEEM Ltd (ASX:VEE)?

Dec 12

Why We Think VEEM Ltd's (ASX:VEE) CEO Compensation Is Not Excessive At All

Nov 16

VEEM (ASX:VEE) Has A Somewhat Strained Balance Sheet

Oct 17

Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal

Aug 16

Is There Now An Opportunity In VEEM Ltd (ASX:VEE)?

Jul 10

VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly

Jun 19

Calculating The Intrinsic Value Of VEEM Ltd (ASX:VEE)

May 03

Be Wary Of VEEM (ASX:VEE) And Its Returns On Capital

Mar 15

I Ran A Stock Scan For Earnings Growth And VEEM (ASX:VEE) Passed With Ease

Sep 05

VEEM Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Aug 06

With EPS Growth And More, VEEM (ASX:VEE) Is Interesting

Jun 03

Estimating The Intrinsic Value Of VEEM Ltd (ASX:VEE)

May 13

Should We Be Excited About The Trends Of Returns At VEEM (ASX:VEE)?

Mar 09

Should You Be Adding VEEM (ASX:VEE) To Your Watchlist Today?

Feb 22

What Does VEEM's (ASX:VEE) CEO Pay Reveal?

Feb 05

Is There An Opportunity With VEEM Ltd's (ASX:VEE) 34% Undervaluation?

Jan 21

VEEM Ltd's (ASX:VEE) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

Jan 06

We Wouldn't Rely On VEEM's (ASX:VEE) Statutory Earnings As A Guide

Dec 22

Returns On Capital At VEEM (ASX:VEE) Paint An Interesting Picture

Dec 08

The VEEM (ASX:VEE) Share Price Has Gained 41% And Shareholders Are Hoping For More

Nov 25

Shareholder Returns

	VEE	AU Machinery	AU Market
7D	8.6%	1.8%	0.6%
1Y	-28.8%	-3.4%	3.5%

Return vs Industry: VEE underperformed the Australian Machinery industry which returned -3.1% over the past year.

Return vs Market: VEE underperformed the Australian Market which returned 5.4% over the past year.

Price Volatility

Is VEE's price volatile compared to industry and market?
VEE volatility
VEE Average Weekly Movement	8.1%
Machinery Industry Average Movement	8.1%
Market Average Movement	8.6%
10% most volatile stocks in AU Market	15.7%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: VEE is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: VEE's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1968	n/a	Mark Miocevich	https://www.veem.com.au

VEEM Ltd manufactures and sells propulsion and stabilization systems. The company offers gyrostabilizers, CNC machined monobloc propellers shaft lines, and marine ride control fins; forever pipe, a bimetal centrifugally cast hollow bars; and engineering services. It also manufactures bespoke components for defense, mining, and processing industries.

VEEM Ltd Fundamentals Summary

How do VEEM's earnings and revenue compare to its market cap?
VEE fundamental statistics
Market Cap	AU$85.50m
Earnings (TTM)	AU$1.27m
Revenue (TTM)	AU$54.26m

67.5x

P/E Ratio

1.6x

P/S Ratio

Is VEE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
VEE income statement (TTM)
Revenue	AU$54.26m
Cost of Revenue	AU$23.84m
Gross Profit	AU$30.42m
Other Expenses	AU$29.15m
Earnings	AU$1.27m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.0093
Gross Margin	56.06%
Net Profit Margin	2.33%
Debt/Equity Ratio	12.6%

How did VEE perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

30%

Payout Ratio

VEE Stock Overview

Rewards

Risk Analysis

VEEM Ltd Competitors

ASX:LBL

AU$92.1m

ASX:KOV

AU$93.5m

ASX:EGL

AU$62.9m

ASX:XRF

AU$117.8m

Price History & Performance

Recent News & Updates

Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal

Is It Too Late To Consider Buying VEEM Ltd (ASX:VEE)?

Why We Think VEEM Ltd's (ASX:VEE) CEO Compensation Is Not Excessive At All

Price target decreased to AU$0.80

Less than half of directors are independent

VEEM (ASX:VEE) Has A Somewhat Strained Balance Sheet

Recent updates

Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal

Is It Too Late To Consider Buying VEEM Ltd (ASX:VEE)?

Why We Think VEEM Ltd's (ASX:VEE) CEO Compensation Is Not Excessive At All

Price target decreased to AU$0.80

Less than half of directors are independent

VEEM (ASX:VEE) Has A Somewhat Strained Balance Sheet

VEEM Ltd, Annual General Meeting, Nov 23, 2022

Consensus EPS estimates fall by 34%

Full year 2022 earnings: EPS and revenues miss analyst expectations

VEEM Ltd Recommends Final Unfranked Ordinary Dividend for the Year Ended 30 June 2022., Payable on or Around 21 September 2022

Capital Allocation Trends At VEEM (ASX:VEE) Aren't Ideal

Is There Now An Opportunity In VEEM Ltd (ASX:VEE)?

VEEM (ASX:VEE) Seems To Use Debt Quite Sensibly

Calculating The Intrinsic Value Of VEEM Ltd (ASX:VEE)

Price target decreased to AU$1.15

Less than half of directors are independent

Be Wary Of VEEM (ASX:VEE) And Its Returns On Capital

First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

VEEM Ltd. Declares Ordinary Dividend for the Period of Six Months Ended December 31, 2021, Payable on April 19, 2022

VEEM Ltd to Report First Half, 2022 Results on Feb 22, 2022

Full year 2021 earnings released: EPS AU$0.038 (vs AU$0.019 in FY 2020)

VEEM Ltd announced that it has received funding from Repay Holdings Corporation

VEEM Ltd announced that it expects to receive AUD 6 million in funding

Price target decreased to AU$1.25

I Ran A Stock Scan For Earnings Growth And VEEM (ASX:VEE) Passed With Ease

Price target increased to AU$1.50

Consensus EPS estimates fall to AU$0.04

VEEM Ltd Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Full year 2021 earnings released: EPS AU$0.037 (vs AU$0.019 in FY 2020)

With EPS Growth And More, VEEM (ASX:VEE) Is Interesting

Investor sentiment improved over the past week

Estimating The Intrinsic Value Of VEEM Ltd (ASX:VEE)

Should We Be Excited About The Trends Of Returns At VEEM (ASX:VEE)?

Price target raised to AU$1.21

Analysts increase EPS estimates to AU$0.036

Investor sentiment improved over the past week

New 90-day high: AU$0.91

Should You Be Adding VEEM (ASX:VEE) To Your Watchlist Today?

VEEM Ltd to Report First Half, 2021 Results on Feb 25, 2021

First half 2021 earnings released: EPS AU$0.023 (vs AU$0.007 in 1H 2020)

What Does VEEM's (ASX:VEE) CEO Pay Reveal?

New 90-day high: AU$0.88

Is There An Opportunity With VEEM Ltd's (ASX:VEE) 34% Undervaluation?

VEEM Ltd's (ASX:VEE) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?

New 90-day high: AU$0.75

We Wouldn't Rely On VEEM's (ASX:VEE) Statutory Earnings As A Guide

Returns On Capital At VEEM (ASX:VEE) Paint An Interesting Picture

New 90-day high: AU$0.71

The VEEM (ASX:VEE) Share Price Has Gained 41% And Shareholders Are Hoping For More

New 90-day high: AU$0.59

New 90-day high: AU$0.53

New 90-day high: AU$0.51

Full year earnings released - EPS AU$0.019

Full year earnings released - EPS AU$0.019

Shareholder Returns

Price Volatility

About the Company

VEEM Ltd Fundamentals Summary

67.5x